TechFlow, August 29 — On August 28, 2025, programmable derivatives platform Plaza Finance announced the commencement of its wind-down process. The protocol's flagship products, bondETH and levETH, are being discontinued due to insufficient market adoption. The team will ensure holders can safely redeem their assets and has initiated a step-by-step liquidation process. The liquidation will be conducted via CoWSwap, with redemption prices fixed based on the amount of ETH obtained through liquidation.
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